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Home » News » Financial News


Financial News

GTT highlights subsea LNG bunkering solution in H1 review
24 Jul 2017 08:28 GMT
Gravity Based System consists of a concrete chamber and a membrane containment tank designed by GTT.

LNG bunker player Enagas posts after-tax profit of EUR 269.1 million
19 Jul 2017 09:38 GMT
Spanish firm managed to reduce its net debt by EUR 607 million in H1 2017.

Revenue up 29% for bunker supplier Skangas as Gasum targets LNG growth
18 Jul 2017 13:24 GMT
CEO says company 'strengthened its position' in H1 by increasing its Skangas stake to 70%.

Petrobras approves IPO for fuel distribution unit
12 Jul 2017 05:35 GMT
Move is aimed at listing BR Distribuidora on the Novo Mercado special listing segment of the B3 stock exchange.

Bunker costs up $3.7m for Stolt Tankers as profit drops
06 Jul 2017 12:35 GMT
Stolt Tankers also recorded a $3.8 million negative swing with a net loss on bunker hedges.

'Rough seas like never before': Bunker Holding, Selfinvest record sharp fall in earnings
03 Jul 2017 16:06 GMT
Danish bunker group sees profit slashed despite rise in turnover.

Petrobras to examine possible IPO of fuel distribution unit
26 Jun 2017 11:31 GMT
BR Distribuidora could potentially be listed on the B3 stock exchange.

Gasum ups stake in LNG bunker supplier Skangas to 70%
23 Jun 2017 08:29 GMT
Gasum strengthens its position in the Nordic LNG market.

Battery specialist Corvus plans to use $4.9m loan for hybrid ferry projects
23 Jun 2017 00:11 GMT
Canadian firm intends to increase production to meet growing demand.

Carnival posts 58.2% jump in Q2 bunker costs
23 Jun 2017 00:07 GMT
Cruise operator records $379m Q2 net income to 'more than offset the substantial drag from fuel'.

Global Risk Management posts record earnings in 2016-17
21 Jun 2017 07:23 GMT
Fuel risk management specialist achieved a 75% increase in pre-tax earnings.

P&I club says it can decline cover to ships violating Qatar 'trade embargo'
08 Jun 2017 12:55 GMT
Gard refers to definitions of 'blockade running' and 'unlawful trade' in its rules guidance book.

Stock market reacts positively to Aegean's move for new president
02 Jun 2017 10:05 GMT
Aegean Marine Petroleum's share price rose 8.7% following news that Nikolas Tavlarios had stepped down.

Aegean Marine Petroleum's share price plummets more than 30%
24 May 2017 15:02 GMT
Stifel calls Q1 results 'one of the worst quarters in the company's history'.

Aegean posts 88.1% drop in net income despite rise in revenue, sales volume
24 May 2017 09:18 GMT
CEO says results 'do not reflect the overall strength of our business' as company pursues 'more asset-light model'.

Monjasa reports upturn following challenging 2016
22 May 2017 18:07 GMT
Bunker firm posts positive net results for the first quarter.

Teekay expects OPEC cuts, oil demand growth to support mid-sized tanker rates
18 May 2017 12:20 GMT
U.S. crude volumes are increasingly moving to Asia and Europe, which is supportive of mid-sized tanker demand.

Finnlines aims to slash bunker costs with new vessel-lengthening initiative
17 May 2017 09:42 GMT
Ferry firm looks to the future with Energy Efficiency and Emission Reduction Investment Programme.

Genoil presents 'compelling economics' for LSFO production unit
17 May 2017 07:23 GMT
Engineering firm says a $30m investment could achieve payback in less than three months.

Unaudited revenue up for Tallink's Estonia-Finland route with LNG-fuelled ferry
12 May 2017 07:55 GMT
New LNG-powered ship accommodates around 40% more passengers and almost double the car capacity of replaced ship.





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